Turmeric experienced a decline of 1.36% yesterday, settling at Rs 14,486, influenced by anticipations of increased acreage this season due to favorable rainfall conditions. Preliminary estimates indicate a 15–20% increase in turmeric acreage, as farmers transition from less lucrative crops. For the 2024–25 season, the area under turmeric is reported at 3.30 lakh hectares, reflecting a 10% increase from the previous year. This expansion has impacted sentiment; nonetheless, the downside appears constrained owing to emerging supply concerns.

Significant rainfall in Maharashtra, Andhra Pradesh, Karnataka, and particularly in Nanded has adversely affected standing crops, with Nanded experiencing losses estimated at approximately 15% of the cultivated area. Persistent precipitation in Erode has catalyzed the emergence of disease outbreaks and elevated humidity levels, complicating storage conditions. Furthermore, the inventory of turmeric held by farmers in Warangal is almost depleted, with no new arrivals recorded over the past two days—reinforcing the stability of prices.

In the realm of trade, turmeric exports from April to September 2025 experienced an increase of 4.02%, totaling 96,679.67 tonnes, in contrast to 92,941.75 tonnes recorded in the previous year. In September, exports reached 16,523.10 tonnes, reflecting a year-on-year increase of 7.59%, although they experienced a slight decline of 3.58% compared to August 2025.

In Nizamabad, a significant spot market, prices declined by 0.59% to Rs 14,875.45. The market is experiencing long liquidation, as evidenced by a 1.09% decrease in open interest to 7,710, coupled with a price decline of Rs 200. Turmeric exhibits immediate support at Rs 14,344; a breach of this level may lead to a decline in prices towards Rs 14,202. Resistance stands at Rs 14,654, and a breach of this threshold could potentially pave the way toward Rs 14,822.